Rockwell Automation Inc. (NYSE:ROK) SVP Frank C. Kulaszewicz sold 1,500 shares of the company’s stock in a transaction that occurred on Wednesday, November 23rd. The stock was sold at an average price of $131.68, for a total transaction of $197,520.00. Following the sale, the senior vice president now directly owns 27,740 shares in the company, valued at $3,652,803.20. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Shares of Rockwell Automation Inc. (NYSE:ROK) traded down 1.82% during mid-day trading on Monday, reaching $130.50. 843,780 shares of the company were exchanged. The company’s 50-day moving average is $123.09 and its 200 day moving average is $118.11. Rockwell Automation Inc. has a 12 month low of $87.53 and a 12 month high of $133.68. The firm has a market capitalization of $16.73 billion, a price-to-earnings ratio of 23.47 and a beta of 1.00.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings results on Monday, November 7th. The company reported $1.52 earnings per share for the quarter, beating analysts’ consensus estimates of $1.49 by $0.03. The firm had revenue of $1.54 billion for the quarter, compared to analysts’ expectations of $1.51 billion. Rockwell Automation had a net margin of 12.41% and a return on equity of 36.34%. Rockwell Automation’s revenue was down 4.3% compared to the same quarter last year. During the same period in the previous year, the company posted $1.57 earnings per share. Analysts predict that Rockwell Automation Inc. will post $6.06 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 12th. Stockholders of record on Monday, November 14th will be paid a dividend of $0.76 per share. The ex-dividend date is Wednesday, November 9th. This represents a $3.04 dividend on an annualized basis and a dividend yield of 2.32%. This is a positive change from Rockwell Automation’s previous quarterly dividend of $0.73. Rockwell Automation’s dividend payout ratio (DPR) is currently 54.58%.

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Several equities research analysts recently weighed in on the stock. Oppenheimer Holdings Inc. reaffirmed a “hold” rating on shares of Rockwell Automation in a research note on Saturday, November 12th. Berenberg Bank assumed coverage on shares of Rockwell Automation in a research note on Monday, October 3rd. They set a “sell” rating and a $110.00 target price on the stock. Sanford C. Bernstein raised shares of Rockwell Automation from an “underperform” rating to a “market perform” rating and increased their price objective for the company from $105.00 to $121.00 in a research report on Friday, September 30th. Citigroup Inc. increased their price objective on shares of Rockwell Automation from $118.00 to $122.00 and gave the company a “neutral” rating in a research report on Monday, October 10th. Finally, Barclays PLC raised shares of Rockwell Automation from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $118.00 to $141.00 in a research report on Monday, October 24th. Four equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $109.83.

Several hedge funds have recently bought and sold shares of the stock. Tredje AP fonden raised its stake in Rockwell Automation by 262.5% in the second quarter. Tredje AP fonden now owns 870 shares of the company’s stock worth $100,000 after buying an additional 630 shares in the last quarter. Checchi Capital Advisers LLC raised its stake in Rockwell Automation by 0.5% in the second quarter. Checchi Capital Advisers LLC now owns 938 shares of the company’s stock worth $108,000 after buying an additional 5 shares in the last quarter. Johnson Financial Group Inc. raised its stake in Rockwell Automation by 1,818.4% in the second quarter. Johnson Financial Group Inc. now owns 940 shares of the company’s stock worth $108,000 after buying an additional 891 shares in the last quarter. TLP Group LLC purchased a new stake in Rockwell Automation during the third quarter worth about $138,000. Finally, Penserra Capital Management LLC raised its stake in Rockwell Automation by 95.4% in the third quarter. Penserra Capital Management LLC now owns 1,225 shares of the company’s stock worth $149,000 after buying an additional 598 shares in the last quarter. Institutional investors own 72.07% of the company’s stock.

About Rockwell Automation

Rockwell Automation, Inc (Rockwell Automation) is a provider of industrial automation power, control and information solutions for manufacturers. The Company operates through two segments: Architecture & Software and Control Products & Solutions. The Architecture & Software segment contains various hardware, software and communication components of the Company’s integrated control and information architecture capable of controlling the customer’s industrial processes and connecting with their manufacturing enterprise.